Markets Daily Crypto Roundup

Bitcoin News Roundup for Jan. 7, 2021

With the price of bitcoin up another $2K and the cryptocurrency sector now valued at more than a trillion dollars, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

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ABOUT

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With the price of bitcoin up another $2K and the cryptocurrency sector now valued at more than a trillion dollars, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

This episode is sponsored by Nexo.io and this week’s special product launch: Stacks.co.

UPDATE: Bitcoin broke through $39,000 as this episode was released

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Today's stories:

Bitcoin Tops $38K for First Time, Bringing Year-to-Date Gain to Over 30%

The leading cryptocurrency hit a new-all time high of $38,286.65, before settling down to $36,004.99, up 5.93% over the last 24 hours.

Total Cryptocurrency Market Value Hits Record $1 Trillion

During 2017's bull run, the market peaked at a $760 billion total value.

Stellar's XLM Token Rallies to 2-Year High on XRP Woes, OCC Ruling, Ukraine

The token is at the highest level since November 2018 in what one observer called a "perfect storm."

South Korea's 20% Crypto Tax Now Coming in 2023: Report

The cryptocurrency tax was originally planned to be implemented in late 2021.

HOST

Adam B. Levine

Adam B. Levine joined CoinDesk in 2019 as the editor of its new audio and podcasts division. Previously, Adam founded the long-running Let's Talk Bitcoin! talk show with co-hosts Stephanie Murphy and Andreas M. Antonopoulos.

Finding early success with the show, Adam transformed the podcast's homepage into a full newsdesk and publishing platform, founding the LTB Network in January of 2014 to help broaden the conversation with new and different perspectives. In the Spring of that year, he would go on to launch the first and largest tokenized rewards program for creators and their audience. In what many have called an early influential version of "Steemit"; LTBCOIN, which was awarded to both content creators and members of the audience for participation was distributed until the LTBN was acquired by BTC, Inc. in January of 2017.

With the network launched and growing, in late 2014 Adam turned his attention to the practical challenges of administering the tokenized program and founded Tokenly, Inc. There, he led the development of early tokenized vending machines with Swapbot, tokenized identity solution Tokenpass, e-commerce with TokenMarkets.com and media with Token.fm. Adam owns some BTC, ETH and small positions in a number of other tokens.

Adam B. Levine